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Dec 29, 2012
12/12
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colleges and steve, you brought it up from the past. we have 40 or 50 administrators per one student and you have 10-15 students . that is a racket. >> i bring it up and i am paying $60,000 a year for my daughter and it is scams like this one makes me mad. >> this is what goes on in higher education. it is increasing revenue for the insiders and not worry the students . not talk about $100 application how about 400 billion we spend on higher education and producing graduates who don't have the skills that our economies. >> morg oon. going back to thedea of a scam. it is it better than seeing it loosened in the classroom. >> and in thepped of the day. paying 60,000 for the students is watered down. and don't blame the application fee and blame the government subsidies. >> hold on, there st. a scam. >> it is fair to call it a scam and colleges are trying fobring in more applicants. it is news and world report that they are trying to move up on. >> and thin - then they are saying parents and young people are dumkophs. >> and hold on. john
colleges and steve, you brought it up from the past. we have 40 or 50 administrators per one student and you have 10-15 students . that is a racket. >> i bring it up and i am paying $60,000 a year for my daughter and it is scams like this one makes me mad. >> this is what goes on in higher education. it is increasing revenue for the insiders and not worry the students . not talk about $100 application how about 400 billion we spend on higher education and producing graduates who...
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Dec 26, 2012
12/12
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CSPAN2
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all of the staff, mary rose and bill and lori, steve and sharon in the library. it is a great team working here. i am very grateful to all of them. getting back to the system, caroline mentioned playing in the desk. it was exactly in the space underneath the desk, the and the whole system was in there next to the knee hole. decades later, it was described where the microphones were. >> if i could interrupt, the agent had bestial service in the secret service. it made this assignment interesting. >> his job was to protect president kennedy from electronic surveillance. [laughter] so he was trying to keep the outside world from listening in, but he was tapped to help president kennedy listen in on his own conversations. >> it was 22 years before 1984. >> that's right, one microphone was in the knee hole and the other one was in the cabinet room not far from the oval office. there were some drapes, and he put a couple of microphones in the drapes. in his oral history he mentions that he put microphones in the residence. >> the other question that this naturally occu
all of the staff, mary rose and bill and lori, steve and sharon in the library. it is a great team working here. i am very grateful to all of them. getting back to the system, caroline mentioned playing in the desk. it was exactly in the space underneath the desk, the and the whole system was in there next to the knee hole. decades later, it was described where the microphones were. >> if i could interrupt, the agent had bestial service in the secret service. it made this assignment...
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Dec 24, 2012
12/12
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FBC
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dagen: steve, thanks. >> take care, dagen. dennis: our next guest is predicting a santa rally with markets in the green the last week of the year and into early january. the chief investment strategist of raymond james is joining us now. there's a track record on your side about the last week of december. >> that's right, usually the last week and the week before is when the last of the retail selling takes place and there tends to be upside vacuum between christmas and first couple days of the year. 70% probability of being an up shortened week. dennis: you don't see that percentage going down because of the cliff and all that? >> i think your previous guest was right. i lived inside the d.c. beltway. i think they will come together. they won't get a grand solution, but i think they could get the first step of maybe 500,000 as your other guest suggested in terms of the definition of what wealthy is. i think he's also right on boehner. boehner has been under tremendous personal pressure to cut a deal, and when the new congress
dagen: steve, thanks. >> take care, dagen. dennis: our next guest is predicting a santa rally with markets in the green the last week of the year and into early january. the chief investment strategist of raymond james is joining us now. there's a track record on your side about the last week of december. >> that's right, usually the last week and the week before is when the last of the retail selling takes place and there tends to be upside vacuum between christmas and first couple...
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Dec 27, 2012
12/12
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FBC
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steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all three major indices closing lower for the fourth day in a row. materials, financials, amongst the day's top worst performing sectors i should say. new home sales surging to strongest level in more than two years. sales jumping 4.4% from october to an annual rate of 377,000, more good signs that that housing sector much needed to improve the rest of the economy is finally getting a boost. and the number of americans filing new applications for unemployment aid falling to its lowest level in nearly four and a half years. initial claims dropping 12,000 to a seasonally adjusted 350,000 the week prior was revised up by a thousand. david: let's co
steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all three major indices closing lower for the fourth day in a row. materials, financials, amongst the...
WHUT (Howard University Television)
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Dec 28, 2012
12/12
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WHUT
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joining me from moscow now is steve rosenberg. steve, you said he'd do it, he's done it. >> that's right, david. there's been one question that has dominated political life in moscow the last few days and that is will he or won't he? will president putin sign what is one of the most controversial laws he's been face with. yesterday he indicated he probably would and today he signed it. as you mentioned it has been very controversial because a number of ministers in his own government, including the russian foreign minister have publicly criticized the law and president putin's critics have accused him of playing politics with russian children. >> criticized it on humanitarian grounds. >> yes, absolutely. it's interesting to note that the bill we're talking about, the law we're talking about is wider than simply banning adoptions. it's russia's retaliation for the act that bans russians officials suspected of human rights violations from getting u.s. visa's and freezes their assets. so this bans u.s. officials from coming to russia
joining me from moscow now is steve rosenberg. steve, you said he'd do it, he's done it. >> that's right, david. there's been one question that has dominated political life in moscow the last few days and that is will he or won't he? will president putin sign what is one of the most controversial laws he's been face with. yesterday he indicated he probably would and today he signed it. as you mentioned it has been very controversial because a number of ministers in his own government,...
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Dec 31, 2012
12/12
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steve, how bad is the president's condition? >>reporter: it looks like the condition is very serious. this was the fourth operation for a pelvic-area cancer for chavez, an undisclosed fact of the type of cancer. he has not been seen or heard from publicly in the past three weeks. all this is happening in cuba, and now the vice president has gone from venezuela to cuba marking how serious the condition is. requests have been made to the people of venezuela to pray for chavez and new year's celebration are canceled. >>trace: if president chavez dies who replaces him? >>guest: that is tricky. we are right in between an election back in october and a potential ininauguration on january 10. he has said he wants his vice president, a one-time bus driver, to replace him. it is not clear that would happen if he died now they have to hold an election in 30 days but it is more complicated than that. if chavez dies before the john 10 inauguration, that election is run by the head of the parliament. but if he dies after january 10, it is ru
steve, how bad is the president's condition? >>reporter: it looks like the condition is very serious. this was the fourth operation for a pelvic-area cancer for chavez, an undisclosed fact of the type of cancer. he has not been seen or heard from publicly in the past three weeks. all this is happening in cuba, and now the vice president has gone from venezuela to cuba marking how serious the condition is. requests have been made to the people of venezuela to pray for chavez and new year's...
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Jan 1, 2013
01/13
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KQED
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steve welcome to the program. >> you were the among the firsto corporate america. what opportunity lie in that bridge. >> well i learned very earlyfroy that there was tremendous affinity amongst young adults and they would gather from different back grounds and graces and rewill i g religionsd music they would all come together. i felt it would be like a very good platform for fortune 500 companies to market their products. >> what greeting did you havewht gap? greeting? well it was tough in the beginning, tom. you are basically trying to get a company of a large organization who was used to marketing a certain way to deal with a shipment. shipment -- shift. a cultural shift. my biggest allies was when these ceo's had teenagers in their household. the teenagers would be list ening to music or partaking in something that the parents didn't ugs and the ugs ug underd an affinity for. it was a lot of corporations that were suffering because they could not get the next generation to adapt and partake in their product offering. >> what is the opportunity outt- younger co
steve welcome to the program. >> you were the among the firsto corporate america. what opportunity lie in that bridge. >> well i learned very earlyfroy that there was tremendous affinity amongst young adults and they would gather from different back grounds and graces and rewill i g religionsd music they would all come together. i felt it would be like a very good platform for fortune 500 companies to market their products. >> what greeting did you havewht gap? greeting? well...
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steve welcome to the program. >> you were the among the firstto introduce hip-hop culture to corporate america. what opportunity lie in that bridge. >> well i learned very earlyfrom running a record company that there was tremendous affinity amongst young adults and they would gather from different back grounds and graces and rewill i go religions and around music they would all come together. i felt it would be like a very good platform for fortune 500 companies to market their products. >> what greeting did you havewhen you tried to bridge that gap? greeting? well it was tough in the beginning, tom. you are basically trying to get a company of a large organization who was used to marketing a certain way to deal with a shipment. shipment -- shift. a cultural shift. my biggest allies was when these ceo's had teenagers in their household. the teenagers would be list ening to music or partaking in something that the parents didn't ugs and they ugs ugs understand and they would an affinity for. it was a lot of corporations that were suffering because they could not get the next generation
steve welcome to the program. >> you were the among the firstto introduce hip-hop culture to corporate america. what opportunity lie in that bridge. >> well i learned very earlyfrom running a record company that there was tremendous affinity amongst young adults and they would gather from different back grounds and graces and rewill i go religions and around music they would all come together. i felt it would be like a very good platform for fortune 500 companies to market their...
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as the modern day equivalent is a party that was it was held to celebrate the sixtieth birthday of steve swartz and the co-founder of the private equity group blackstone and that was also a fabulous party rod to. allegedly paid huge amounts of money to sing at the party etc and again you know that was held just before two thousand and eight before the financial crisis at the sort of the peak of the boom years and like the martens steve schwarzman suffered in terms of public opinion for it you know people people decided that you know he was the overly ostentatious face of this sort of turbo charged financial capitalism was it in your book that i read the p.p.t. or some was part of that organization yet the peterson is the co-founder so blackstone was co-founded by shorts man and peterson and and you know by the way like i think that both of them are very very able business men and i think they founded a very very effective private equity firm i think that you know the fact that steve shortens party became symbolic of you know sort of the fabulous wealth generated in the torsen and blackst
as the modern day equivalent is a party that was it was held to celebrate the sixtieth birthday of steve swartz and the co-founder of the private equity group blackstone and that was also a fabulous party rod to. allegedly paid huge amounts of money to sing at the party etc and again you know that was held just before two thousand and eight before the financial crisis at the sort of the peak of the boom years and like the martens steve schwarzman suffered in terms of public opinion for it you...
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Dec 30, 2012
12/12
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steve schneider award because we could not have been more opposite. [laughter] he had the gift of gab, you know, he's so articulate as a student and as a postdoc. so when i -- then i went off to the netherlands where i met my wife, who -- then i came -- who eventually became my wife, but i -- when i came back to the institute for space studies, steve was in a postdoc at the institute. and, as i say, we couldn't have been more opposite. he -- as i was this tactiturn midwest scientist who wanted to do the numbers and do my science and not talk about it, but he would come to my door, he would be in the door of my office and talking to me and, eventually, i would turn around and be working on my desk and he -- somehow, he couldn't take the hint. [laughter] but when anniek who was then my girlfriend, would visit me, then she would see that, well, i really didn't want to talk to steve. so she would talk to him, and that was good, let me try to work. but if you try to work, you know, like when the television is on, and you're trying to do work, it's very har
steve schneider award because we could not have been more opposite. [laughter] he had the gift of gab, you know, he's so articulate as a student and as a postdoc. so when i -- then i went off to the netherlands where i met my wife, who -- then i came -- who eventually became my wife, but i -- when i came back to the institute for space studies, steve was in a postdoc at the institute. and, as i say, we couldn't have been more opposite. he -- as i was this tactiturn midwest scientist who wanted...
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Dec 27, 2012
12/12
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up next is steve forbes. after that we will be talking with matt bennett about gun background checks and gun sales in the u.s. mr. forbes coming from our studio in new york in just a few minutes after "washington journal" continues. [video clip] >> that they really started to get worried in the summer and fall of 1774. the british admirals and generals and diplomats were reporting to the crown that the colonists were sending ships everywhere to try to get ammunition and muskets and cannon. this was after the british had sent more troops to boston after the boston tea party and the so-called coercive acts, and it's clear that the colonists were pulling together ammunition and cannon. maybe they didn't intend to use it. that was a big debate. the king on october 1774 basically prohibited british ships from taking ammunition and everything to the colonies unless it was officially sanctioned. they were very alert to this. as soon as the colonies found out about the order prohibiting ammunition and munitions from
up next is steve forbes. after that we will be talking with matt bennett about gun background checks and gun sales in the u.s. mr. forbes coming from our studio in new york in just a few minutes after "washington journal" continues. [video clip] >> that they really started to get worried in the summer and fall of 1774. the british admirals and generals and diplomats were reporting to the crown that the colonists were sending ships everywhere to try to get ammunition and muskets...
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Dec 31, 2012
12/12
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CSPAN
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steve alleged that they are not true. child abuse is a hateful aboar rent and disgusting crime. and we must not allow these allegations to go unanswered. i believe the whole house will also be united to send messages of this why would abuse. if you go to the police about what you have been through, those of us in positions with authority and responsibility will not sherk our duty to support it. we must do everything in our power to do everything to help you and everything we can to get to the bottom of these terrible allegations. >> there are three bbc inquiries into what happened to jerry sabo. a c.p.s. inquirely and an hmic into other forces who may have sup pord over sources. we already have other concerns. it should be brought under a single quafment these multiple inquiries have no quay to get together, the lessons that needed to be learned. o, we need toe go get the bottom of what is happening in each case. but at the moment, the framework that the government sends out risks being confused. >> 20 people were reported. a judge assumes that with any future child a child wher
steve alleged that they are not true. child abuse is a hateful aboar rent and disgusting crime. and we must not allow these allegations to go unanswered. i believe the whole house will also be united to send messages of this why would abuse. if you go to the police about what you have been through, those of us in positions with authority and responsibility will not sherk our duty to support it. we must do everything in our power to do everything to help you and everything we can to get to the...
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like the martens steve schwarzman suffered in terms of public opinion for it people people decided that he was. the overly ostentatious face of this sort of turbo charged financial capitalism was that in your book that i read that pete peterson was part of that organization yet the peterson is the co-founder so blackstone was co-founded by shorts man and peterson and and you know by the way like i think that both of them are very very able businessmen and i think they founded a very very effective private equity firm i think that you know the fact that steve schwarzman party became symbolic of you know sort of the fabulous wealth generated in this era in a way is less about schwartzman and blackstone and more about the phenomenon that i dwell on in my book which is you know as in the nineteenth century we're living in this time of tremendous economic change and overall i actually think that it is benign i'm in favor of the technology revolution i'm in favor of globalization but i think we do need to pull back and really face the fact that there are some winners the not just the one perc
like the martens steve schwarzman suffered in terms of public opinion for it people people decided that he was. the overly ostentatious face of this sort of turbo charged financial capitalism was that in your book that i read that pete peterson was part of that organization yet the peterson is the co-founder so blackstone was co-founded by shorts man and peterson and and you know by the way like i think that both of them are very very able businessmen and i think they founded a very very...
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Dec 30, 2012
12/12
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steve, you wanted to get in there? >> yeah, let me be the bull here for a minute. we talk auld time about the energy sector and it's not just the energy sector, we've had a mini renaissance in manufacturing in this country, in transportation because of the fact the energy prices are falling and makes the american much more competitive at the margin. i think 2013 is going to see continued declines in energy prices. that's like a tax cut for the american consumer, paul. >> but, paul, the thing we haven't mentioned here is unemployment. we've had high unemployment for four years which means a lot of people out of jobs. we would need a tremendously bullish economy and i'm saying like 4%, to produce enough jobs, it would take a decade to get back to where we were before this recession. >> paul: right, sure, no question about it. >> we just need to do whatever we can to allow economic growth in this country. but declining energy prices are not necessarily good for energy production. because at some point, energy producers are going to say the price is too low and to miti
steve, you wanted to get in there? >> yeah, let me be the bull here for a minute. we talk auld time about the energy sector and it's not just the energy sector, we've had a mini renaissance in manufacturing in this country, in transportation because of the fact the energy prices are falling and makes the american much more competitive at the margin. i think 2013 is going to see continued declines in energy prices. that's like a tax cut for the american consumer, paul. >> but, paul,...
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Dec 30, 2012
12/12
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WBAL
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. >> writing checks from the -- >> my friend steve jobs has lots of cash in the bank. >> you started brewing sam adams beer in your kitchen in 1984. tell me how that happened, how -- how did you decide you wanted to brew your own beer in the kitchen? >> well, i come from six generations of brew masters, so beer was kind of in my history, in my blood. about .06, that s still legal. >> homeless to a little their? >> we believed what we did would work, no matter how bad times were. >> in 2020, are we going to be in a much better place? the alternative was not the greatest health care system in the world with no problems. the alternative was a health care system with a lot of problems. >> you were starting your career today, secretary so lease, where would you work? >> i would want to make sure i have the skill sets available and that means soft skills, it means also technical skills. flex, even welding. did you know there's a shortage of people that have that skill available right now? >> these are the cars that run on sunday. this is the championship car that tony stewart drove. >> peo
. >> writing checks from the -- >> my friend steve jobs has lots of cash in the bank. >> you started brewing sam adams beer in your kitchen in 1984. tell me how that happened, how -- how did you decide you wanted to brew your own beer in the kitchen? >> well, i come from six generations of brew masters, so beer was kind of in my history, in my blood. about .06, that s still legal. >> homeless to a little their? >> we believed what we did would work, no matter...
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steve king was voted to boycott them is the first person long before repeating to give clear warning of the global financial crisis how was it obvious to you this is all being totally counterproductive when it's allowed to finance speculative objects like when to a lot of obligations and so on it's like you're not checking out a. borrowing money to gamble on what their own next door neighbor's house. that you suspect an incentive to turn on i just house down when most americans change what will happen if they don't i'm a partisan issue but trying to an idiot because you just don't exploit what you just you know i mean washington who played way and even up there one holds her still you know isn't broken away from the finances and i think you need all the success unnecessarily restore came in he then took on the banks direct when you read his inauguration speech it was all about trying the money lenders out of the temple so it takes a change like that banks really said i didn't buy documents mean maybe it's a bank so what's most that they saw banks they didn't know they were engaged in
steve king was voted to boycott them is the first person long before repeating to give clear warning of the global financial crisis how was it obvious to you this is all being totally counterproductive when it's allowed to finance speculative objects like when to a lot of obligations and so on it's like you're not checking out a. borrowing money to gamble on what their own next door neighbor's house. that you suspect an incentive to turn on i just house down when most americans change what will...
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Dec 30, 2012
12/12
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we are back with dan and mary and steve moore. mary, explain this seeming contridiction between slow growth and buoyant markets. >> first of all with respect to the markets, i would say that if you look at a chart of for example, if you go back to say april of 2011 until october of 2012, you arke basically flat. there has been a lot of churning up and down. the s&p 500 index was a lot higher. in the last few months we have seen a little pick up there. certainly from the end of -- from the beginning of this year you saw a run in the market. you don't have a great return if you are a long-term investor. >> okay. but if growth is still slow, and some people are still investing in p cs. the corporate balance sheet earnings have been pretty good. they have cleaned out a lot of the debt from the crisis. could we be poised here for faster growth going forward? >> i think one of the things that explains why the corporate sector is doing well is they have access to money at 0 interest rates. that's not true for the broader population and n
we are back with dan and mary and steve moore. mary, explain this seeming contridiction between slow growth and buoyant markets. >> first of all with respect to the markets, i would say that if you look at a chart of for example, if you go back to say april of 2011 until october of 2012, you arke basically flat. there has been a lot of churning up and down. the s&p 500 index was a lot higher. in the last few months we have seen a little pick up there. certainly from the end of -- from...
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that around steve king was voted to boycott them is the first post and long before repeated to give clear warning of the global fund to cross this how was it over to you this is all being totally counterproductive when it's allowed to finance speculative objects like when to a lot of oh gosh and so on it's like you're not checking out. borrowing money to gamble on what there are next on my best house. an incentive to not let this house down when most americans change would happen if they don't i'm a partisan issue but trying because you. just don't exploit what you just you know i mean washington completely and you can even up there one hopes are still you know i've been broken away from the finances and i think you need to in the succession necessarily restore came in he then took on the banks directly in europe is in the russian stage it's all about trying the money when it's out of the champ so it takes a change like. banks. said i didn't buy. documents many many heads of banks or what's most of the banks didn't know they were engaged in fraudulent activity to be in jail or incompetent
that around steve king was voted to boycott them is the first post and long before repeated to give clear warning of the global fund to cross this how was it over to you this is all being totally counterproductive when it's allowed to finance speculative objects like when to a lot of oh gosh and so on it's like you're not checking out. borrowing money to gamble on what there are next on my best house. an incentive to not let this house down when most americans change would happen if they don't...
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Dec 31, 2012
12/12
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KTVU
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steve? >>> tara? >> it's cold. >> it is cold. >> in fact, i just saw a 29- degree reading in partly sunniton. so there are -- in pleasanton. a few high clouds. not much. this system is falling apart. there it is. one part is going north. one part is going south. we're left in between. 20s and 30s. that 37 livermore is at the airport. it's a very localized event. about two blocks away. it's 32. 3 at oakland. that tells you -- 38 at oakland. that tells you it's cold there. you can see how it is beginning to shear apart. sun, then some clouds. ny clouds really take the edge off. but upper 40s and low 50s. the good news, i know it's cold. that's going to continue. so tonight, looks okay. partly cloudy maybe near the coast. bundle you. i doubt many of you will be outside. mostly sunny, and then dry. wednesday, thursday. could be some patchy fog forming down the road. another weak system on the weekend. looks like the pattern is changing to a drier pattern. >>> a tour bus plunges off an oregon highway. what
steve? >>> tara? >> it's cold. >> it is cold. >> in fact, i just saw a 29- degree reading in partly sunniton. so there are -- in pleasanton. a few high clouds. not much. this system is falling apart. there it is. one part is going north. one part is going south. we're left in between. 20s and 30s. that 37 livermore is at the airport. it's a very localized event. about two blocks away. it's 32. 3 at oakland. that tells you -- 38 at oakland. that tells you it's cold...
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Jan 1, 2013
01/13
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CNNW
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joining us, a republican congressman from ohio, steve latourette is joining us. congressman, thanks very much for coming in. >> good to see you. >> i know you've been catching closely what's going to happen. what's your sense? where are we going in the next few hours. >> the house will go into session in the next 15 minutes to vote on a serious of very important matters, naming post offices all across the country. but we will use that time, the whip will use that time to find out where the conference is and a couple of different proposals. dana's reporting is right on the money. she has the proposals identified, and then at that moment in time, the leadership will make a decision as to which version to put on the floor later this evening. one that would have some spending cuts and the other would be just an up or down vote on the senate-passed package. >> if there's just an up or down vote on what the senate passed last night, 89-8, overwhelmingly passed in the senate, let's say that comes up without any amendments and 150 democrats vote in favor. let's say 150 d
joining us, a republican congressman from ohio, steve latourette is joining us. congressman, thanks very much for coming in. >> good to see you. >> i know you've been catching closely what's going to happen. what's your sense? where are we going in the next few hours. >> the house will go into session in the next 15 minutes to vote on a serious of very important matters, naming post offices all across the country. but we will use that time, the whip will use that time to find...
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Dec 26, 2012
12/12
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CSPAN
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host: let's hear from steve. you are on the democrat's lead. caller: i would like to say merry christmas to you and to all the united states of america. i am actually very pessimistic about a deal being struck. when you look at the republican party and their entire congress who comes out with a statement that this country does not have a revenue problem, it is just an outright lie. if you look at the facts, 32% of our manufacturing base has been gutted and sold to china, india, any foreign country that has cheap labor. the top patriotic american companies are parking their profits and offshore accounts so they do not have to pay a fair share of their taxes. the bottom line is since the late '70s, the wealthiest 2% in this country are making 25 times their wealth that they made a black -- back then. there are only paying 40% more in taxes. this country is doomed if we do not start putting terrace of the imports coming into this country. the republican party is selling you an outright lie. thank you. host: let's show you a facebook posting. the e
host: let's hear from steve. you are on the democrat's lead. caller: i would like to say merry christmas to you and to all the united states of america. i am actually very pessimistic about a deal being struck. when you look at the republican party and their entire congress who comes out with a statement that this country does not have a revenue problem, it is just an outright lie. if you look at the facts, 32% of our manufacturing base has been gutted and sold to china, india, any foreign...
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steve harrigan live from miami with details. steve? >> reporter: jon, three weeks ago hugo chavez underwent his fourth operation in cuba for undisclosed form of cancer. according to venezuela ann officials he has respiratory infection. it is not clear how rapid his recovery will be. what is clear he made no public states or appearances in the past three weeks and things are serious enough where his own vice president had to travel from venezuela to cuba after meeting with chavez. after meeting with chavez the leader's health, was quote, a in a delicate situation. madero is hand-picked successor to chavez. interesting things could happen if chavez is not well enough to attend his own inauguration on january 10th. if he dies before the inauguration, venezuela will have to call all new presidential elections within three months. keep in mind it was back in october when chavez was reelected for another term. he told senz senz ann voters he was in fact cancer-free. jon? jon: hmmm. so interesting development there i wonder if he knew somethi
steve harrigan live from miami with details. steve? >> reporter: jon, three weeks ago hugo chavez underwent his fourth operation in cuba for undisclosed form of cancer. according to venezuela ann officials he has respiratory infection. it is not clear how rapid his recovery will be. what is clear he made no public states or appearances in the past three weeks and things are serious enough where his own vice president had to travel from venezuela to cuba after meeting with chavez. after...
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Dec 30, 2012
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the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making investments in education and making sure we do not have the necessary programs that can help us do that growth, w
the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who...
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Dec 31, 2012
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>> yes, steve, i would agree with you. i think the risk reward today, s&p at 1400 is very a-similar et rick. there's a limited downside and a lot of upside. i think the low for the year, we think next year, will be near 1350. so say we have 50 points of downside and we have more than 150 points on the upside. the one thing i would just caution, though, is the first half, especially if you look at history on fifth-year bull markets, you could be pretty strong out of the debate. say we hit 1,500, but we start to run out of catalyst and that's what causes the retracement. >> so your best ideas for next year, i don't think apple will be a surprise to many, although given the way that the stock is finishing the year, today not withstanding, it may be. bank of america, you expect a run in financials to continue, bac, capital one, why do you think mcdonald's has a comeback in '13? >> in general what we are looking for is blue chip branded stories with very good history in management teams. that's all the companies you just named
>> yes, steve, i would agree with you. i think the risk reward today, s&p at 1400 is very a-similar et rick. there's a limited downside and a lot of upside. i think the low for the year, we think next year, will be near 1350. so say we have 50 points of downside and we have more than 150 points on the upside. the one thing i would just caution, though, is the first half, especially if you look at history on fifth-year bull markets, you could be pretty strong out of the debate. say we...
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Dec 31, 2012
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steve latourette, republican from ohio. that's it for now. you are and we'll wriring in the new year together with some breaking news later. i'm out. >>> sunday marked the end of the nfl's regular season. the day after usually isn't too kind to head coaches on losing teams. even a winning record cannot guarantee a job security these days. yes, it has been a firing frenzy today on the nfl's so-called black monday. seven coaches got their pink slips, most before 11:00 a.m. eastern. the most shocking, lovie smith. he's getting the boot after nine seasons, which included a trip to the super bowl. his team finished 10-6, but missed the playoffs. bears quarterback jay cutler got the news during a live radio show. the kansas city chiefs parted ways with romeo crennel after his team struggled through a two-win season that was marred by the murder/suicide involving linebacker jovan belcher. other notable names, eagles coach andy reid, chan gailey, ken whisenhunt, pat shurmur, norv turner and, well, front office jobs around the league, they're not safe
steve latourette, republican from ohio. that's it for now. you are and we'll wriring in the new year together with some breaking news later. i'm out. >>> sunday marked the end of the nfl's regular season. the day after usually isn't too kind to head coaches on losing teams. even a winning record cannot guarantee a job security these days. yes, it has been a firing frenzy today on the nfl's so-called black monday. seven coaches got their pink slips, most before 11:00 a.m. eastern. the...
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Dec 31, 2012
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and our own senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've mo
and our own senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing...
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Dec 24, 2012
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my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local food b ban. david: take a look at this quote about romney. quote he wanted to be president less than anyone i've met in my life. he had no desire to run. now that is from his son, tagg romney about his father. he said that governor romney had to be persuaded to run by his wife and tagg. so company, what do you think about this? do you believe it? adam: if tagg wants back in on the inheritance -- [laughter] shibani: what do you think? if that's the case, then everything worked out as it should have in the first place. well, i would beg that his son is probably not t
my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local...
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Dec 27, 2012
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steve weiss. >> i've never seen that many. but we've got mike murphy, who doesn't like the stock at all. he's short that thing. >> short -- >> i don't have the guts to short it. i'd like to be. i don't have the guts to. >> i think at some poinl, the valuation in amazon is going to have to come in to some sort of normal level. it's trading at 500 times current level, so, i think it will is a pull back and we're targeting the 218 level as a key level. >> all right, jane? >> all right. here's another surprise. defense industry is a huge employer. i know people who have been getting their layoff notices ahead of the fiscal cliff. market isn't playing defense in selling the stocks. no. pretty close though their 52-week highs and have outperformed the s&p. in fact, lockheed and raytheon ended up, melissa. >> doc j, what do you see? >> ah, i like general dynamics the most of the group. it's only about 4% year to date. some of these others are up double digits. all of general dynamics move lately, melissa, has come since the election.
steve weiss. >> i've never seen that many. but we've got mike murphy, who doesn't like the stock at all. he's short that thing. >> short -- >> i don't have the guts to short it. i'd like to be. i don't have the guts to. >> i think at some poinl, the valuation in amazon is going to have to come in to some sort of normal level. it's trading at 500 times current level, so, i think it will is a pull back and we're targeting the 218 level as a key level. >> all right,...
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Dec 26, 2012
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our thanks to steve for that. >>> meantime, coming up on the show, will washington be able to get its act together to avoid letting the u.s. economy fall off a cliff? we've got a panel of washington insiders to give you the real story. >>> plus, a closer look at the markets including a best emerging market performer this year. if you invested in this index, you'di inbe up 50%. we'll tell you what it is and what could see a pop next year. >>> we'll bring you retail numbers as they trickle in. much coming up. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. you can stay in and share something... or you can get out there and act
our thanks to steve for that. >>> meantime, coming up on the show, will washington be able to get its act together to avoid letting the u.s. economy fall off a cliff? we've got a panel of washington insiders to give you the real story. >>> plus, a closer look at the markets including a best emerging market performer this year. if you invested in this index, you'di inbe up 50%. we'll tell you what it is and what could see a pop next year. >>> we'll bring you retail...
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Dec 24, 2012
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steve harrigan. jaime: here is an update on a story we haven't talked about in a while, the new lake yan government is announcing plans to open all of the files on the 1988 bombing of pan am flight 103 over lockerbie, scotland. libyan officials say it will be at least a year before any of the information is released. the move comes on the 24th anniversary of the trapbl dewhich killed 270 people on board and on the ground. i am joined by a man whose daughter was 30 years old when she boarded that flight back on december 21st, 1988 and the bomb took her life. stan, thank you so much for joining us. >> thank you and merry christmas to you. jaime: merry christmas to you. i'm sorry that it's without your daughter, what a tragedy. en you hear this news does it help in anyway to know that you may be able to look at these documents? >> let me correct the information that you received. i had made a few inquires yesterday, prior to knowing that i'd be coming on the show today. they are false. the libyan ambass
steve harrigan. jaime: here is an update on a story we haven't talked about in a while, the new lake yan government is announcing plans to open all of the files on the 1988 bombing of pan am flight 103 over lockerbie, scotland. libyan officials say it will be at least a year before any of the information is released. the move comes on the 24th anniversary of the trapbl dewhich killed 270 people on board and on the ground. i am joined by a man whose daughter was 30 years old when she boarded...
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. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge
. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3%...
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. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said before, if we move into a recession, you're not going to get a 1585 target or 2 $108 in earnings. we're not expecting the powers that be in washington are going to be willing to save a defeat from the jaws of victory. >> you haven't watched them before, john, have you? >> i've been around for a long time. i have watched them before. i do know that they worry about legacy. the history books would write about them and say do this. >> it's good to talk to you. thank for coming on. >> thanks for having me. >>> pete, 1585 is the price target. second highest on the street just behin
. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said...
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steve, how is the family doing tonight? >> jamie, we got to see john hammar pull up with his father after this long ordeal. they drove directly into the garage. john hammar is now suffering from some sort of stomach ailment he picked up inside that mexican prison. they actually had to make a stop on the drive home from the border at a louisiana hospital and john hammar's father says his son is so weak he can barely stand despite that, he says, this will be the greatest christmas his family has ever had. >> i got him in the car and i thanked the u.s. consulate guys and we took off. and made a beeline to san pedro island and spent the night there johnny, while i was sleeping johnny got up in the morning and walked to the beach and watched the sun come up. >> must be a really tough time for you right now. tell me what you are feeling. >> no. this is great right now. i'm glad to be talking to you about that it's over with. >> you could just sea the tears in his father's eyes. the mood around the house today not one of celebrati
steve, how is the family doing tonight? >> jamie, we got to see john hammar pull up with his father after this long ordeal. they drove directly into the garage. john hammar is now suffering from some sort of stomach ailment he picked up inside that mexican prison. they actually had to make a stop on the drive home from the border at a louisiana hospital and john hammar's father says his son is so weak he can barely stand despite that, he says, this will be the greatest christmas his...
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and our colleague steve leisman has been also doing reporting on this. he just spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the deduction phaseout. this is relatively new. any idea at this point which deductions we're talking about and any timetable for them? >> i have to confess, bill, i don't know how exactly that works. these are provisions that were first initiated in the 1990s as a way of getting more revenue from people at the top without raising their rates. so what you do is you take the same deductions that other people can take and you limit their value over a certain income level. this is in addition to something the president's proposed of making the tax deductions for people above a
and our colleague steve leisman has been also doing reporting on this. he just spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the...
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joining me now, senior economics writer or for "the wall street journal" steve moore. steve, thanks for making it in today. >> hi, jamie. we're having a white christmas in chicago. so it is a lot of fun. jamie: i know chicago, burr. the numbers are also pretty chilling for retailers who do what percentage of their business during the holiday season? >> you know, those months of november and december are absolutely crucial, jamie, for the retailers. about 40 to all their business all year is done in those two holiday months. so it's, not very good news that the retail numbers came in, you called them lackluster. and that's probably putting it charitiably. this was the worst year since 2008. it is actually, surprising, jamie, because if you look at some other indicators, consumer confidence had actually bumped up a little bit in the last couple months. we have, i wouldn't read too much into this because other indicators of the economy are looking up right now. jamie: so do you think it's an anomaly that it isn't going up? is it an indication if we go over the fiscal clif
joining me now, senior economics writer or for "the wall street journal" steve moore. steve, thanks for making it in today. >> hi, jamie. we're having a white christmas in chicago. so it is a lot of fun. jamie: i know chicago, burr. the numbers are also pretty chilling for retailers who do what percentage of their business during the holiday season? >> you know, those months of november and december are absolutely crucial, jamie, for the retailers. about 40 to all their...
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he refused steve cutler was a mad and, that hitler didn't care about the german people, that hitler had other fears that drove him. he believed there would be a rational actor. he told the leader of the zionist community in the first president of israel, he said i'm going to go meet with him, work it out. it became so it anti-churchill, anti-british, antiwar effort that the british opened a file on him, which i founded the national national archives in britain called the candidate and a fine. and in the german archives, there are records of his conversation with the german diplomats wanting to get to berlin to negotiate an end to the war and to negotiate a settlement that would prevent war and i would rescue the jewish refugees. again, not for the first time he had gone from being an insider to the outside. he returned to this country in disgrace. he supported roosevelt for reelection in 1940, which is all roosevelt wanted the way roosevelt did not fire as he should have. he retired and got an interview through the battle of. anybody we give to britain is wasted, turn away. and then, sh
he refused steve cutler was a mad and, that hitler didn't care about the german people, that hitler had other fears that drove him. he believed there would be a rational actor. he told the leader of the zionist community in the first president of israel, he said i'm going to go meet with him, work it out. it became so it anti-churchill, anti-british, antiwar effort that the british opened a file on him, which i founded the national national archives in britain called the candidate and a fine....
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steve in wisconsin on the republican line is our first caller. caller: good morning. my question to you is -- nobody will not address the issue of the bureaucracy. you go on line and let that the department of energy or the department of education and the number of employees they have. we do not need all that. they can cut the number of employees in half and we would have real savings. nobody will address these issues. i'll hang up. guest: when you have a budget in washington, it is hard to cut back politically. if you do, people say you are against the were the goal. this worthy goal, that worthy goal. there was a british historian in the 1950's. after world war i, britain had the largest navy in the world and they reduced the size of the navy. the laid-off sailors and dock workers. the agency running the navy was getting bigger as the navy was getting smaller. he made the discovery -- the size of a bureaucracy has nothing to do with the amount of work the bureaucracy does. it will grow unless it is reined in. the bureaucracy was getting bigger. if you get that kind
steve in wisconsin on the republican line is our first caller. caller: good morning. my question to you is -- nobody will not address the issue of the bureaucracy. you go on line and let that the department of energy or the department of education and the number of employees they have. we do not need all that. they can cut the number of employees in half and we would have real savings. nobody will address these issues. i'll hang up. guest: when you have a budget in washington, it is hard to cut...
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steve, really appreciate your time. >>>. >> other stories we're keeping an eye on this morning, chinese manufacturing activity has hit its fastest pace in a year and a half. the december reading pmi index rose to 51.5 this month. the reading is the strongest since may 2011. and the good news doesn't stop there. it points to continued strength in the new year. chinese shares are up 1.6%. >>> big u.s. banks are reportedly close to a $10 billion settlement to regulators to hold them liable for bad foreclosure practices. nearly 40% of the settlement would go to people who already lost their homes. in february, five banks agreed to a $25 billion settlement. time says 14 are involved in this round of talks. as part of the deal which could come this week, the banks will have to hire independent consultants to go back through their loan records. >>> and a group of private equity firms, including carlisle, would agree to buy duff and seltz for $655 million. the deal gives the company an opportunity to go and shop for higher prices. >>> and secretary of state hillary clinton is in a new york hosp
steve, really appreciate your time. >>>. >> other stories we're keeping an eye on this morning, chinese manufacturing activity has hit its fastest pace in a year and a half. the december reading pmi index rose to 51.5 this month. the reading is the strongest since may 2011. and the good news doesn't stop there. it points to continued strength in the new year. chinese shares are up 1.6%. >>> big u.s. banks are reportedly close to a $10 billion settlement to regulators to...
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Dec 28, 2012
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steve weis our bear. you must be concerned about the instagram loss of users. >> the instagram news was very negative for facebook. but if you saw the boy genius had an article out this morning that said they've actually gained users. contradicting what the new york post said as far as losing users. when you look at facebook it is really a valuation call. from the $38 price target it has come down south of 20. now you look at it and you're talking about revenues for next year. where are they going to generate revenues? we heard from zuckerberg who is growing into his role as a ceo. no longer a kid in a hoody but a guy running a multimillion dollar company. >> a married man. >> now you look for next year they expect north of $2 billion in revenue from their mobile apps. you look at the big kicker for next year and one of the main reasons i'm long facebook currently is their want buttons and gift buttons. when you're on facebook you click on a gift button and, bang. all of a sudden you send over to steven w
steve weis our bear. you must be concerned about the instagram loss of users. >> the instagram news was very negative for facebook. but if you saw the boy genius had an article out this morning that said they've actually gained users. contradicting what the new york post said as far as losing users. when you look at facebook it is really a valuation call. from the $38 price target it has come down south of 20. now you look at it and you're talking about revenues for next year. where are...